£1,515,182
This estimated value is based upon the latest sale price for the house of £1,500,000 on 8 Jul 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Regus, Regal House, 70 London Road, TW1 3QS
Phone: 02077680826
| Price Paid | Date |
|---|---|
| £1,500,000 | 8 Jul 2022 |
| £1,500,000 | 8 Jul 2022 |
| £429,950 | 27 May 2002 |
| £224,950 | 4 Feb 1998 |
| Detached |
| Freehold |
| Floor Area: 172 sq meters or 1,851 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in July 2022 the House Price Index for GREATER LONDON was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £1,500,000 results in an estimated price of approximately £1,515,182.
| 8 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £1,500,000 | £15,182 | £1,515,182 |
The Postcode Pricing Model uses changes in average sales price within the TW1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -24.629 % | £-369,429 | £1,130,570 |
| 3 Month Average | 9.709 % | £145,637 | £1,645,637 |
| 6 Month Average | 0.336 % | £5,035 | £1,505,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jul 2024 | £770,000 | £770,000 | 2 COLE ROAD |
| 21 Jun 2024 | £768,750 | £768,750 | 6 COLE ROAD |
| 15 Sep 2023 | £436,983 | £427,350 | 121 LONDON ROAD |
| 24 Feb 2023 | £1,409,415 | £1,400,000 | 209 LONDON ROAD |
| 27 Jan 2023 | £3,108,305 | £3,100,000 | 184 LONDON ROAD |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 15 Jul 2020. Using an estimated price of £1,515,182 means this house is valued at £8,809 per sq meter (£818 per sq foot).
The average size of a house on LONDON ROAD is 78 sq meters (847 sq feet).